(a) A holder of the certificate of certified public accountant issued under ORS 673.040 to 673.075; or
(b) A public accountant licensed under ORS 673.100.
(2) Permits issued under this section must be renewed biennially.
(3) Applications for permits or for renewals of permits may be submitted to the board on a form and in a manner prescribed by the board by rule. Applications for permits or for renewals of permits must be accompanied by a fee in the amount of $255.
(4) Applications for renewals of permits must be accompanied by evidence satisfactory to the board that the applicant has complied with continuing education requirements under ORS 673.165 unless those requirements have been waived by the board.
(5)(a) A permit that is not renewed by the close of the permit period may be restored upon payment of a delinquent renewal fee in an amount determined by the board by rule. A permit lapses if the permit is not timely renewed after the close of the permit period for which it was issued, as determined by the board by rule.
(b) The board may restore a lapsed permit if the person who held the permit meets any condition established by the board by rule.
(c) A permit expires if it is not renewed for six years after the close of the permit period. If a permit expires, the licensee’s certificate of certified public accountant issued under ORS 673.040 to 673.075 and license as a public accountant issued under ORS 673.100 also expire.
(d) The board may restore an expired permit if the board determines that it has just cause to restore the permit.
(6) The board may establish a permit renewal option for retired permit holders and establish by rule a reduced fee for retired permit holders who renew permits. [Amended by 1971 c.217 §4; 1973 c.782 §1; 1975 c.438 §3a; 1975 c.440 §12; 1977 c.873 §6; 1981 c.89 §9; 1985 c.605 §7; 1991 c.187 §7; 1993 c.193 §3; 1999 c.322 §11; 2001 c.638 §6; 2009 c.531 §12; 2011 c.56 §1; 2015 c.355 §1; 2015 c.451 §9]